Merchants Open Shops Without Startup Capital thanks to Blockchain technology

A start-up e-commerce ecosystem is turning to blockchain to help businesses become more productive and allow billions of users on social media to “make easy money.”

Merchants Open Shops Without Startup Capital

TIPO said it has identified three major issues facing the current e-commerce market. According to the company, many of the platforms that dominate the industry are too focused on buying and selling when other services can benefit their loyal customers and merchants. In addition, while online payments continue to increase, market share has yet to reach its true potential. Finally, businesses are wasting time and money through “optimum logistics and warehouse operations”.

Looking at the large user bases like Facebook, Instagram, and Snapchat, TIPO said that most visitors to such platforms were not able to grasp their “infinite” monetization potential – nor did they. have businesses try to reach them. As an example of how this platform wants to help everyday social media users make money, TIPO says they will be able to become sales agents for manufacturers and merchants of the products they have. buy and love. As a result, they are paid to showcase their favorite items – be it a hat or a pair of shoes – for friends.

TIPO also hopes to bring advantages to all other stakeholders in e-commerce. Although it’s easy for merchants to open their stores without a large amount of start-up capital, people who buy their products will have the best opportunity to negotiate the price, receive a token for loyal customers, and The benefits of blockchain-based tracking are designed to reduce the proportion of counterfeit or counterfeit products on the market. In a nod to affiliate marketing, social media users will be paid every time someone clicks the link of the seller they have shared. Finally, shipping companies will also be able to reduce the risk of counterfeiting – and benefit from tools that allow them to “schedule [shipping] and early and effective fruit.”

Payment optimization

According to the white paper by TIPO, e-commerce businesses have struggled to achieve a happy average between allowing users to freely make online payments while ensuring that the seller is paid. right away. TIPO aims to remedy this by providing “quick and immediate deals even during weekends or holidays” and ensure retailers receive money immediately after the customer completes the transaction. success. This will be achieved through the TPO card.

The launch also hopes to help other small service providers by reducing transportation costs and significantly reducing the cost of sales and marketing.

TIPO recognizes that its concept can be achieved without a blockchain, but argues that this technology has many benefits. For example, buyers and sellers are offered the opportunity to rank each other and have a “guarantee” that payments are processed accurately and on time, with transaction history recorded unexpectedly. Shoppers can also benefit from discounts and health benefits by locking their TPO tokens.

The future Forecast

TIPO is offering initial coins in several stages. The private sale ends on September 20, with the period from September 12 to October 9. Finally, the ICO itself will begin October 10 through November 10.

The development of the TIPO project started in June 2017, with web development beginning in August 2017 and Android development in January this year. Work will begin on the iOS version of the platform in October, paving the way for TIPO to be released in beta until January 2019. By March 2019, the company hopes to offer smart features. Artificial Intelligence (AI) and Machine Learning.Disclaimer. Cointelegraph does not endorse any content or products on this site. While we aim to provide you with all the important information that we may have, readers should do their own research before taking any action related to the company and implementing it. totally responsible for his decision, nor this article can be considered as an investment advice.